What Is Loan Rate Correction?

Loan Rate Correction is a professional service where SanctionPlus negotiates with your existing bank to reduce your loan interest rate to the latest eligible rate—without the hassle of branch visits, paperwork, or follow-ups. If your current bank fails to offer a fair reduction, we help you switch to a better bank with lower rates.

Service

Who Should Use This Service?

This service is ideal if you have:

If your interest rate is above market average, you are likely overpaying lakhs in interest.

Home Loan

Loan Against Property

Existing Floating Rate Loan

Interest rate higher than current market rates

Loan taken before recent RBI rate cuts

process

How SanctionPlus Loan Rate Correction Works

Loan Assessment

We analyze your current loan details:

  • Current interest rate
  • Outstanding balance
  • Bank & loan type
  • Eligibility for rate reduction

Bank Negotiation

ur experts approach your existing bank on your behalf and:

  • Request rate correction
  • Negotiate spreads & reset charges
  • Push for the best possible revised rate

Rate Reduction or Switch

We analyze your current loan details:

  • If bank agreesYour EMI & interest reduce
  • If bank doesn’t cooperateWe help you switch to a better bank with lower rates

Why Banks Don’t Reduce Rates Automatically?

SanctionPlus solves this for you—professionally and transparently.
  • Banks protect margins unless customers request correction
  • Many borrowers are unaware of their eligibility
  • Complex procedures discourage individuals
Benefits

Benefits of Loan Rate Correction

Lower Interest Rate

Reduced EMI or Shorter Tenure

Save Lakhs in Total Interest

No Bank Running, No Stress

Expert Negotiation Support

Transparent Process

How Much Can You Save?

Even a 0.50% – 1.00% reduction can save you:

₹5–15 Lakhs on long-term home loans

Thousands every month in EMI

Years in loan tenure

We provide clear savings calculations before proceeding.

Our Service Fee

Flat Professional Fee: @ 2999/-*

Charged only after feasibility check

No hidden commissions

One-time cost for long-term savings

Why Choose SanctionPlus?

  • RBI-linked loan expertise
  • Strong banking relationships
  • End-to-end handling
  • Independent & borrower-first approach
  • Proven loan aggregation experience

We work for you, not for the bank.

Get Your Loan Rate Checked Today

Stop paying unnecessary interest.

Let SanctionPlus correct your loan rate and protect your money.

Check Your Eligibility Now

Request Loan Rate Correction